Trump Wants to End A Popular Wall Street Tax Break What to Know about the Carried Interest Loophole
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Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 3d -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 16h -
What student loan borrowers should know as Trump targets Public Service Loan Forgiveness
President Donald Trump signed an executive order that aims to limit eligibility for a popular student loan forgiveness program. Here's what you need to know.CNBC - 1d -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 18h -
A Bad Day on Wall Street
Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.The New York Times - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 4d -
Wipeouts on Wall Street
Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equityFinancial Times - 23h -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 9h -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 3d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 14h -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 15h -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 13h -
What to know about Steve Witkoff, a key figure in Trump's international negotiations
NBC News Chief International Correspondent Keir Simmons reports on U.S. Special Envoy Steve Witkoff’s growing stature in the Trump administration as the U.S. engages in diplomatic talks around the ...NBC News - 4d -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - 1d -
What We Know About the Month-Old Migrant Mission at Guantánamo Bay
President Trump said the base would house as many as 30,000 migrants awaiting deportation. But construction of a tent city was halted weeks ago.The New York Times - 1d -
What to know about pro-Palestinian activist Mahmoud Khalil's arrest
More protests are expected Tuesday over the Trump administration's attempt to deport pro-Palestinian activist Mahmoud Khalil. Khalil is accused of antisemitic activity for his role in helping lead ...CBS News - 11h -
MLB's state of labor: What to know about 2026 CBA, including odds of salary cap, international draft, lockout
Labor negotiations have grown more contentious recently and neither the owners nor the MLBPA want to budgeCBS Sports - 1d -
Wall Street loses hope in a ‘Trump put’ for markets
US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investorsFinancial Times - 10h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - 1d -
What we know about Ukraine willing to accept a 30-day ceasefire with Russia
The U.S. held talks with Ukrainian officials in Saudi Arabia on potential next steps for an end to the war with Russia. Officials say Ukraine is willing to accept the terms of a temporary ceasefire ...CBS News - 8h -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 4h -
Trump: US has 'just about' ended Ukraine intelligence-sharing suspension
President Trump said Sunday the United States had "just about" ended a suspension of intelligence sharing with Ukraine, adding that he expects "a lot of progress" during the talks with Ukrainian ...The Hill - 1d -
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.The New York Times - 1d -
What We Know About the Clashes in Syria
Scores have been killed in fierce clashes between government forces and gunmen loyal to the Assad regime, in a serious challenge to the country’s new rulers.The New York Times - 3d -
What we know about recent violence in Syria
Violence erupted in Syria among the security forces in power and Bashar al-Assad's loyalists. CBS News' Elizabeth Palmer reports.CBS News - 1d -
What We Know About mRNA Vaccines
On the five-year anniversary of the Covid pandemic, a Times reporter, Apoorva Mandavilli, looks back at the success of, and the backlash to, the mRNA vaccine. There’s no question that this vaccine ...The New York Times - 18h -
What to Know About the I.C.C. and Rodrigo Duterte’s Arrest
Rodrigo Duterte, the former president of the Philippines, was arrested on a warrant issued by the International Criminal Court. But questions of jurisdiction complicate the matter.The New York Times - 12h -
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.CNBC - 4d -
Wall Street slide pulls S&P 500 into correction territory
Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile sessionFinancial Times - 8h -
What Trump wants from Zelenskyy and Canada's new leader: Morning Rundown
Trump wants Zelenskyy to change his attitude. Who is Amy Gleason, the new DOGE administrator? DHS performs polygraph test on staff. Canada's new PM Mark Carney.NBC News - 1d -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 1d -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 2d -
Daylight saving time is here. What to know about 'springing forward.'
After a long winter of short days, it’s finally time to spring forward.NBC News - 3d -
What to know about Mark Carney, elected next Canadian prime minister
Mark Carney, a former central banker, won his Liberal Party's election in a landslide Sunday and will replace Justin Trudeau as prime minister of Canada. He will be sworn into office in the coming ...The Hill - 1d -
What couples need to know about desire: ‘There’s no right or healthy amount of sex’
Desire discrepancy is one of the most common reasons couples come to certified sex and relationship practitioner Georgia Grace . Solving the issue means challenging false assumptions. Get our ...The Guardian - 1d -
What we know about the alleged hazing death of a Louisiana college student
Caleb Wilson died after being punched in the chest during an alleged off-campus hazing incident in Baton Rouge, police said.CBS News - 1d -
Trump defends Amy Coney Barrett: ‘She’s a very good woman’
President Trump defended Supreme Court Justice Amy Coney Barrett, calling her a “very good woman” even as she breaks with conservatives on some issues. “She’s a very good woman. She’s very smart, ...The Hill - 2d -
Trump Wants Europe to Defend Itself. Here’s What It Would Take.
Replacing what the Americans do for the NATO alliance would take money, personnel, time and cooperation. None of those is easy.The New York Times - 4d -
Kennedy Wants to Cure Chronic Disease. Here’s What He’s Up Against.
Ending chronic disease requires major social change.The New York Times - 2d